×
You will be redirected back to your article in seconds

Fintage House to Accept Cryptocurrency for Rights Transactions (EXCLUSIVE)

Film and TV rights and financial services company Fintage House has signed a deal with social entertainment platform TaTaTu, which recently unveiled a partnership with Johnny Depp, to accept the platform’s cryptocurrency, TTU Tokens, for film and television rights transactions.

TTU Tokens are available exclusively through TaTaTu, and trade on cryptocurrency exchanges HitBTC, ABCC, and Liquid. They are employed by TaTaTu users to pay to watch content, for the platform to compensate content creators, and to pay for advertising on the platform.

TaTaTu is run by movie producer Andrea Iervolino (pictured above), who recently formed a partnership with Depp to develop and produce film and digital content together. Iervolino said: “We are thrilled to see the entertainment business community embrace TaTaTu and the TTU Tokens that can now be utilized for transparent, highly efficient deal-making on any transaction. Fintage House provides essential services to the global content business sector and has always been innovative in growing its vital services.”

Niels Teves, co-CEO of Fintage House, said: “We welcome the innovative spirit of the TaTaTa platform and wish [Iervolino] success with the implementation. Soon we expect to start drafting the first agreements where we shall be accounting and paying out in TTU Tokens, whereby through the appropriate platforms the tokens could be exchanged in fiat currency [conventional currencies, such as dollars and euros].”

This summer, TaTaTu closed a $575 million token pre-sale, from which proceeds are being used to acquire and create original content, recruit new users, market the platform and develop the software.

Original content projects include a feature film adaptation of J.M. Coetzee’s novel “Waiting for the Barbarians,” starring Depp, Mark Rylance and Robert Pattinson, and being directed by Ciro Guerra; a Lamborghini biopic starring Antonio Banderas and Alec Baldwin; an original documentary on two-time Oscar nominee Jeremy Renner; the drama “The Sound of Freedom,” starring Jim Caviezel and Mira Sorvino; and David Henrie’s teen comedy “This is the Year.”

On the acquisitions front, TaTaTu recently acquired the documentary “Friedkin Uncut,” featuring the likes of Matthew McConaughey, Francis Ford Coppola, Quentin Tarantino, Michael Shannon, Edgar Wright, Willem Dafoe, Ellen Burstyn, Gina Gershon, Juno Temple, Wes Anderson, Damien Chazelle and William Friedkin.

Among the supporters of TTU Tokens are Prince Felix of Luxembourg, cryptocurrency investment firms BlockTower Capital and Lvna Capital, and Lady Monika Bacardi.

More Digital

  • Missing Link Laika Studios

    ‘Missing Link’ Again Tops Studios’ TV Ad Spending

    In this week’s edition of the Variety Movie Commercial Tracker, powered by the TV ad measurement and attribution company iSpot.tv, Annapurna Pictures claims the top spot in spending for the second week in a row with “Missing Link.” Ads placed for the animated film had an estimated media value of $5.91 million through Sunday for [...]

  • Sirius Logo

    SiriusXM Unveils $8 Essential Plan for Consumers Without Cars

    SiriusXM wants to cater consumers without cars, or cars without compatible stereos, with a new $8 plan for mobile and in-home listening. Dubbed SiriusXM Essential, the plan offers access to 200+ channels featuring the network’s entire music programming, as well comedy, news and select sports channels. Consumers will be able to test the new plan [...]

  • Mueller Report Book Editions Top Amazon's

    Mueller Report Book Editions Shoot to Top of Best-Seller Lists at Amazon, Barnes & Noble

    Robert Mueller is now a best-selling author. Book publishers’ forthcoming editions of the special counsel’s report zoomed to the top of the Amazon’s and Barnes & Noble’s lists of book best-sellers Friday. That comes a day after the report was publicly released, culminating the nearly two-year investigation into Russian interference in the 2016 U.S. election [...]

  • Marques Brownlee - Retro Tech

    YouTube Orders Marques Brownlee 'Retro Tech' Original Series

    YouTube has turned to one of its homegrown stars — technology vlogger Marques Brownlee, aka “MKBHD” — for its newest original series. The video platform has greenlit series “Retro Tech” featuring Brownlee, in which he’ll unbox and review vintage technology products that have defined pop culture. The show, slated to debut in December 2019, follows [...]

  • Netflix Tests Random Episode Button in

    Netflix Starts Testing Random Episode Button

    Netflix is testing a button to play random episodes of select TV shows, the company confirmed Friday morning. “We are testing the ability for members to play a random episode from different TV series on the Android mobile app,” a Netflix spokesperson told Variety. “These tests typically vary in length of time and by region, [...]

  • Netflix Our Planet Sophie Darlington

    Netflix's 'Our Planet' Roars to Life With Work by Top Wildlife Cinematographers

    In terms of scope, production time and — very likely — budget, Netflix’s “Our Planet” is one of the most ambitious projects from the streaming service to date. Narrated by David Attenborough and made available worldwide on April 5, the goal of the eight-part series is to capture diverse habitats across the globe and highlight [...]

More From Our Brands

Access exclusive content